Market Snapshot:
Welding is the most common operation performed in the manufacturing method. Equipment selection based upon the fabrication requirements such as the type and thickness of the weld as well as mobility needs. Welding Equipment and Supplies are available online from many distributors. Some of them provide excellent resources and pricing. Different Welding processes are used in the manufacturing of automobile bodies, structural work, tank and general mechanical repair work. Welding is also used in other industries like power, rail, ship building and infrastructure.
Highlights from Welding Equipment And Supplies Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Value (2028) | USD 372000.0 Million |
Unit | Value (USD Million) |
CAGR | 5.4% |
The key Players profiled in the report are Grainger (United States), Lorch (Germany), LincoIn Electric (United States), Shanghai Hugong Electric (China), Shenzhen JASIC Technology (China), Amada Miyachi (United States), Daihen Corporation (Japan), SMRE Engineering (Italy), Denyo (United States), Obara Corporation (Japan) and Voestalpine AG (Austria). Additionally, other players that are part of this comprehensive study are Miller Electric (United States), Kemppi (Finland) and Others.
Geographic Breakdown and Segment Analysis
The Global Welding Equipment And Supplies market presents a comprehensive analysis of the Welding Equipment And Supplies market by product type (Shielded Metal Arc Welding Machine, MIG Welding Machine, TIG Welding Machine, Flux Cored Arc Welding Machine, Energy Beam Welding Machine, Plasma Arc Welding Machine, Submerged Arc Welding Machine and Others ( Atomic Hydrogen Welding Machine, Oxyacetylene Gas, Multipurpose )), by end-user/application (Automotive Industry, Construction Industry, Shipping Industry, Oil& gas and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Welding Equipment And Supplies industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Welding Equipment And Supplies market
Analyst at AMA have segmented the market study of Global Welding Equipment And Supplies market by Type, Application and Region.
Influencing Trend:
The number of female engineers that are becoming qualified welders in India. and The new generation of robotic welding machinery.
Market Growth Drivers:
Smart use of automation in welding operation., Process advancement. and Rising demand for welding equipment from various industries.
Challenges:
Expensive and time consuming. and Welding electrode plant is the unorganized sector that presently occupies nearly 50-55% of the market.
Restraints:
Lack of Welding productivity can threaten schedules and increase costs. and Welding is a hazardous workplace.
Opportunities:
The demand of automatic and semi automatic welding production systems are rising.
Market Developments Activities:
In May 2022, DAIHEN acquired German system integrator Femitech. In addition to providing our customers with robot related products, we are expanding our system integration capabilities and strengthening our robot systems business in order to offer comprehensive equipment and systems solutions that meet the needs and applications of customers around the world.
In November 2023, The industry analysis specialist, has released its latest company patent databook Innovation and patenting activity of DAIHEN CORP Q3 2023. The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected.
Global welding equipment and supplies is a fragmented market due to the presence of various players. The many changes within the industry underscore the fact that there is an increasingly more competitive landscape. The players are focusing on planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Aerospace, Marine and Others